5519 Via Corona, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
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Los Angeles, California 90022
This Value-Add Residential Income Duplex represents a Prime Investment Opportunity, listed at $759,900—positioned well below the $793,499 Fair Market Value by 4%. This valuation gap provides $33,599 in Instant Equity. Featuring two 2-bedroom units on a 5,944 sqft lot with a private patio and extensive parking, the property holds a Fair Condition Rating, suggesting significant upside through modernization. Located in a high-demand East LA corridor near DTLA, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5519 Via Corona Subject | $759,900* List Price | 0 | 0 | 1,540 | $515 | - |
A 468 S Fetterly Sold | $700,000 | 5 | 2 | 1,888 | $371 | 0.8 mi |
B 631 Leonard Avenue Sold | $735,000 | 5 | 3 | 1,960 | $375 | 0.6 mi |
C 549 Williamson Active | $849,000 List Price | 5 | 2 | 1,872 | $454 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944, this property is over 80 years old and falls into the 'Fair' category as it appears dated and likely requires modernization. While the description calls it a 'solid income property,' the lack of interior photos and the mention of 'room to maximize potential' suggest that the kitchens, bathrooms, and core systems (HVAC/Electric) are likely older than 20 years and in need of updates to meet modern standards.
The duplex configuration featuring two 2-bedroom, 1-bathroom units provides a versatile opportunity for steady rental income or a house-hacking strategy in a high-demand rental market.
Situated minutes from Downtown Los Angeles and adjacent to Montebello, the property offers excellent proximity to major freeways, public transit, and essential amenities, ensuring strong tenant appeal.
The large 5,944 sqft lot includes a significant cemented rear area, providing ample parking for multiple vehicles—a premium feature that adds substantial value and convenience in this urban area.
Originally constructed in 1944, the property may require significant capital expenditures for modernizing aging systems such as plumbing, electrical, or roofing to meet current building standards.
The listing emphasizes the property's 'solid' nature rather than recent upgrades, suggesting that cosmetic and functional renovations may be necessary to achieve top-of-market rental rates.
Great opportunity to own a solid income property in a high-demand East Los Angeles location! Next to Montebello. This duplex offers two good sized separate units, each featuring 2 bedrooms and 1 bathroom—ideal for generating rental income. Situated on a large lot, the property provides plenty of cemented parking in the rear—perfect for multiple vehicles. Located just minutes from DTLA, this property is surrounded by everyday conveniences including major freeways, public transportation, shopping centers, local eateries, hospitals, and schools—making it highly attractive. Whether you're looking to build steady rental income, expand your real estate portfolio, or create long-term wealth for retirement, this duplex checks all the boxes. With strong rental demand in the area and room to maximize its potential, this is an investment you don’t want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,540 | 1,530 | 50% |
| Lot Size | 5,944 | 6,048.5 | 50% |
| Price | $759.9K | $717.5K | 58% |
| Price per sq ft | $493 | $471 | 67% |
| Built year | 1944 | 1929 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 218 | 8% |
Apr 20, 2026
$759,900
Initial Listing
Jun 30, 2004
$440,000
Public Record
Jan 27, 2004
$295,000
Public Record
Jul 8, 1999
$185,000
Public Record